Ripple CEO: SEC drops appeal of case against crypto company

XRP Prices Climb as Ripple Settles SEC Lawsuit With a $50M Fine

XRP prices climbed to £1.91 ($2.46) per token early Wednesday on investor optimism after Ripple Labs said it would settle a long-standing civil lawsuit with the US Securities and Exchange Commission (SEC).Ripple agreed to withdraw its cross-appeal against the SEC to conclude its case with the agency. The company's chief legal officer, Stuart Alderoty, said in an X post that the SEC would keep £38.72 million ($50 million) of the original fine of …

Crypto's long battle with SEC comes to a close with Ripple victory

Ripple said this week that the SEC had officially dropped its four-year-old lawsuit against the company, ending a long battle between the regulator and crypto.

XRP jumps 8% after Ripple's CEO says SEC has dropped its case against the crypto currency

The price of XRP jumped more than 8% Thursday after the CEO of cryptocurrency company Ripple said U.S. regulators have dropped its four-year-old case against the company.

SEC drops case against crypto firm with ties to Trump, CEO says

The Securities and Exchange Commission has ended its yearslong case and appeal against a cryptocurrency firm whose CEO has ties to the White House, the CEO said Wednesday. Brad Garlinghouse, the CEO of Ripple Labs, said on the social media platform X that the case against his company “has ended.” “Today is a victory — and a long overdue surrender by the SEC,” he said. An SEC spokesperson declined to comment to ABC News. The move, which was not c…

Ripple CEO: SEC drops appeal of case against crypto company

(The Center Square) – The U.S. Securities and Exchange Commission under the Trump administration is dropping its appeal in its lawsuit against Ripple, a blockchain-based digital payment company, Ripple CEO Brad Garlinghouse said Wednesday.

Ripple CEO says the SEC has now dropped its lawsuit

In breaking XRP news and updates today, Ripple CEO Brad Garlinghouse has announced that the SEC has now dropped its lawsuit, marking a historic victory in the cryptocurrency market. The case between the US Securities and Exchange Commission (SEC) and blockchain-based digital payment provider Ripple Labs Inc. has been ongoing since December 2020, until now. “As many of you know, just over four years ago, the United States SEC filed a lawsuit agai…